ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

The Benz and the Banjara

Benz at 7%, Tractors 15.9%—Loans in Aurangabad

Tractor loans at 15.9 per cent trapped Aurangabad farmers like Hirabai in debt. But Mercedes Benz loans in Aurangabad were going for 7 per cent at the same time. Yet, sales of both were seen as rural progress

This article was first published on the People's Archive of Rural India website.


Hirabai Fakira Rathod was talked into buying a new vehicle in 2010 when many banks were on a tractor loan spree. The salesman at the tractor shop had told me that it was very easy to get and repay this loan, she told us at her rundown dwelling in Kannad tehsil of Aurangabad district. The local branch of the State Bank of Hyderabad also processed the loan swiftly. Hirabai, whose husband is a retired forest guard, is a Banjara Adivasi and her large family held 3.5 acres in the same tehsil. The idea was we could use it ourselves and also earn a bit more deploying it on other farms, she says.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here


To gain instant access to this article (download).

INR 59

(Readers in India)

$ 6

(Readers outside India)

Support Us

Your Support will ensure EPW’s financial viability and sustainability.

The EPW produces independent and public-spirited scholarship and analyses of contemporary affairs every week. EPW is one of the few publications that keep alive the spirit of intellectual inquiry in the Indian media.

Often described as a publication with a “social conscience,” EPW has never shied away from taking strong editorial positions. Our publication is free from political pressure, or commercial interests. Our editorial independence is our pride.

We rely on your support to continue the endeavour of highlighting the challenges faced by the disadvantaged, writings from the margins, and scholarship on the most pertinent issues that concern contemporary Indian society.

Every contribution is valuable for our future.